Geode Capital Management Portfolio holdings
Geode Capital Management, founded in 2001 and based in Boston, Massachusetts, is a prominent institutional asset management firm known for its expertise in low-cost, systematic index investing. Originally established to manage internal index funds for Fidelity Investments, Geode became an independent entity while retaining a close relationship with Fidelity, focusing on passive investment strategies that track major market indices. The firm oversees hundreds of billions in assets, offering a range of mutual funds and separately managed accounts primarily for institutional clients, such as pension funds and endowments, with an emphasis on minimizing costs and maximizing efficiency. Geode’s disciplined, quantitative approach and avoidance of active management have made it a key player in the rise of index-based investing.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$227M |
| 2 |
Microsoft
MSFT
|
+$183M |
| 3 |
Meta Platforms (Facebook)
META
|
+$179M |
| 4 |
PepsiCo
PEP
|
+$149M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$138M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BCR
CR Bard Inc.
BCR
|
+$243M |
| 2 |
LVLT
Level 3 Communications Inc
LVLT
|
+$163M |
| 3 |
KITE
Kite Pharma, Inc.
KITE
|
+$85.5M |
| 4 |
SFR
Starwood Waypoint Homes
SFR
|
+$45.3M |
| 5 |
BRCD
Brocade Communications Systems, Inc. NEW
BRCD
|
+$42.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.85% |
| 2 | Financials | 16.38% |
| 3 | Healthcare | 13.22% |
| 4 | Industrials | 10.47% |
| 5 | Consumer Discretionary | 9.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1226
Hope Bancorp
HOPE
$1.79B
| $21.3M | 0.01% |
1,165,510
+7,694
| +0.7% | +$140K |
|
1227
Deckers Outdoor
DECK
$13.3B
| $21.2M | 0.01% |
1,588,626
-6,786
| -0.4% | -$81.3K |
|
1228
Semtech
SMTC
$13B
| $21.2M | 0.01% |
621,073
+28,698
| +5% | +$1.07M |
|
1229
Etsy
ETSY
$7.85B
| $21.2M | 0.01% |
1,037,487
+85,946
| +9% | +$1.52M |
|
1230
Myriad Genetics
MYGN
$312M
| $21.2M | 0.01% |
616,796
-42,631
| -6% | -$1.44M |
|
|
WAGE
1231
DELISTED
WageWorks, Inc.
WAGE
| $21.2M | 0.01% |
341,199
+1,392
| +0.4% | +$87.2K |
|
|
RGC
1232
DELISTED
Regal Entertainment Group
RGC
| $21.1M | 0.01% |
918,202
+16,713
| +2% | +$308K |
|
1233
Agios Pharmaceuticals
AGIO
$1.93B
| $21.1M | 0.01% |
369,512
+4,073
| +1% | +$256K |
|
1234
Coca-Cola Europacific Partners
CCEP
$47.9B
| $21.1M | 0.01% |
+530,143
| New | +$21.2M |
|
1235
Snap
SNAP
$9.01B
| $21M | 0.01% |
1,440,056
+103,074
| +8% | +$1.5M |
|
1236
Northwest Bancshares
NWBI
$2.28B
| $21M | 0.01% |
1,254,060
+65,413
| +6% | +$1.1M |
|
|
WMGI
1237
DELISTED
Wright Medical Group Inc
WMGI
| $20.9M | 0.01% |
943,324
+3,838
| +0.4% | +$94.7K |
|
1238
CVB Financial
CVBF
$3.99B
| $20.9M | 0.01% |
888,009
-8,176
| -0.9% | -$194K |
|
1239
J&J Snack Foods
JJSF
$1.71B
| $20.8M | 0.01% |
137,310
+1,073
| +0.8% | +$151K |
|
1240
Granite Construction
GVA
$5.62B
| $20.8M | 0.01% |
328,038
+1,544
| +0.5% | +$96.4K |
|
1241
New Oriental
EDU
$8.98B
| $20.8M | 0.01% |
222,548
+4,876
| +2% | +$433K |
|
1242
Qiagen
QGEN
$8.72B
| $20.7M | 0.01% |
631,432
+77,355
| +14% | +$2.67M |
|
|
POLY
1243
DELISTED
Plantronics, Inc.
POLY
| $20.7M | 0.01% |
410,648
-12,489
| -3% | -$614K |
|
|
INVX
1244
Innovex International
INVX
$1.97B
| $20.6M | 0.01% |
431,562
-29,547
| -6% | -$1.32M |
|
1245
STAG Industrial
STAG
$7.19B
| $20.5M | 0.01% |
748,876
+27,928
| +4% | +$781K |
|
1246
Simmons First National
SFNC
$3.39B
| $20.4M | 0.01% |
715,870
+167,814
| +31% | +$4.82M |
|
|
DCH
1247
Dauch Corp
DCH
$1.51B
| $20.4M | 0.01% |
1,200,068
+126,885
| +12% | +$2.25M |
|
1248
Sally Beauty Holdings
SBH
$1.58B
| $20.4M | 0.01% |
1,087,813
-690
| -0.1% | -$12K |
|
|
SJI
1249
DELISTED
South Jersey Industries, Inc.
SJI
| $20.4M | 0.01% |
652,066
+2,598
| +0.4% | +$85.9K |
|
|
ESGR
1250
DELISTED
Enstar Group
ESGR
| $20.4M | 0.01% |
101,422
+529
| +0.5% | +$118K |
|
Similar funds
Geode Capital Management's Q4 2017 Portfolio in Review
As of Q4 2017, Geode Capital Management held 4,142 positions worth $294B, up 8.7% from $271B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Geode Capital Management's Q4 2017 filing shows 98 new, 2,556 increased, 827 reduced and 120 closed positions. Its largest new stake was Delphi Technologies PLC Ordinary Shares: 742,921 shares worth $39M. The largest sale was CR Bard Inc., an estimated $243M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 16% a quarter earlier, followed by Financials and Healthcare.
- Geode Capital Management's largest Q4 2017 buy was Delphi Technologies PLC Ordinary Shares: 742,921 shares worth $39M.
- Geode Capital Management added most to Apple in Q4 2017, an estimated $227M increase.
- Geode Capital Management's biggest Q4 2017 reduction was Goldman Sachs, cutting an estimated $23.7M.
- Geode Capital Management fully exited CR Bard Inc. in Q4 2017, selling an estimated $243M.
- Geode Capital Management's ten largest holdings make up 17% of its $294B portfolio in Q4 2017.
- Geode Capital Management opened 98 new positions and closed 120 in Q4 2017.
- Geode Capital Management's portfolio value rose 8.7% quarter-over-quarter to $294B.
Based on Geode Capital Management's 13F filing for Q4 2017, filed 13 Feb 2018.